Which one of the following options is an advantage of Extensible Business Reporting Language (XBRL)?

Question

Which one of the following options is an advantage of Extensible Business Reporting  Language (XBRL)?

Accepted Answer

Assists in meeting IFRS reporting requirements

Answer

Low risk of unauthorized access and alterations

Answer

Most transaction processing systems can export to XBRL

Answer

Relatively low initial cost of implementation.

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